Filed September 14, 2022
Total covered: 13 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $76,156 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $32,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $137,034 | $122,239+12.1% | $184,203-25.6% | $74,495+84.0% |
| Participation rate | 97.9% | 85.5%+12.4pp | 86.8%+11.1pp | 67.2%+30.7pp |
| Annual return | 14.11% | 19.95%-5.8pp | 28.81%-14.7pp | 1364.94%-1350.8pp |
| Employer contribution / active EE | $6,660 | $4,537+46.8% | $6,427+3.6% | $2,623+153.9% |
| Participant deferral / active EE | $5,726 | $7,139-19.8% | $9,131-37.3% | $4,346+31.8% |
| Admin fee / account holder | $435 | $1,260-65.5% | $13,901-96.9% | $1,942-77.6% |